Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 44 results for "Real Income"

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
Treasurer Jim Chalmers is expected to deliver a surplus in the upcoming Federal Budget, but he warned iron ore prices and a softening labour market put a dent in how large it will be. Speaking at an event for the Committee for Economic Development of ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
The Reserve Bank of Australia (RBA) kept the cash rate unchanged at 4.35% on the back of positive inflation data in its first meeting for 2024. Despite inflation registering at 4.1% for the month of December, down from a peak of 7.8% one year prior ...

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
The federal government has released its 2023-24 Mid-Year Economic and Fiscal Outlook (MYEFO), revealing a deficit reduction of $1.1 billion, an improvement of $12.8 billion from earlier projections. Since the last election, the government has identified ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
In its final decision of the year, the Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.35%. The decision to hold spares borrowers a sixth interest rate rise in 2023, following a 25 basis point increase at its previous meeting in November. ...

Investing in research generates threefold economic output

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023
... billion increase in present value, approximately 1.5% of Australia's current GDP. Funding research also raised the real income of Australians by $152.5 billion - a cumulative increase in the real income of Australians. The value of this impact is ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... impacts of Russia's invasion of Ukraine and domestic inflation could dampen household spending through reduced real income and higher for longer interest rates.

Minutes show RBA considered 50bp rise

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
The Reserve Bank of Australia contemplated raising interest rates by 50 basis points when it met earlier this month but ultimately determined the case for a 0.25% increase was stronger. In the February 7 meeting minutes released this morning, the RBA ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
Russia's invasion of Ukraine immediately slowed the recovery from the Covid pandemic and set the global economy on a course of lower growth, the OECD said. The intergovernmental organisation's latest economic outlook said global growth would ...

Low wage growth a deliberate design feature: ACTU

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
An ACTU report has blasted the Coalition government for the consistent entrenchment of low wage growth. The Morrison missing in action on wages report shows that over the entire term of the Morrison government, real wages have fallen by 2.3%. This is ...

Macquarie AM reveals outlook for 2022

CHLOE WALKER  |  FRIDAY, 21 JAN 2022
Macquarie Asset Management has revealed the key themes set to shape the investment landscape and performance of key asset classes in 2022. The report, titled Outlook 22, reflects on the significant changes brought about by the COVID-19 pandemic, and ...
PAGE:
1
PREVIOUS
NEXT